Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 24 Jun 23:01 if the released value is < -7. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion
22 Apr 23:01 |
20 Aug 23:01 |
23 Jul 23:01 |